A Framework for Navigating the Development Charges Reduction Program
The Development Charges Reduction Program (DCRP) was launched on June 1. The short window for funding submissions and end of August timeline for funding agreement execution requires councils to make significant infrastructure investments and revenue management decisions under compressed timelines.
AMO has developed a primer to help councils navigate the key fiscal and community impact considerations of participating in the DRCP. The resource provides program information and principles-based framework that guides councils through three key decision points:
- Program participation
- Application submission, and
- Agreement execution.
With the June 19 application deadline fast approaching, this primer is designed to support municipalities’ due diligence and council discussions. It was developed based on final program design, aligning to MMAH’s guidelines, https://www.ontario.ca/page/development-charges-reduction-program and interpretative advice.
AMO is working with MMAH to hold a webinar for our sector, to provide an opportunity for MMAH to provide clarity on the program and answer our sector's top questions. Invitation with confirmed meeting date to follow as an invitation to CAOs and Treasurers.
